Best mobile apps and tools you need on your phone in 2022 to achieve financial freedom

Want to take your finances to the next level?

We all want to earn more money, save more and even retire early. But how exactly would you want to do that?

What if we told you that you have something you always carry by your side that will help you reach your financial goals?

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From expense tracking to investing, apps these days can help you in every facet of your life. We have curated a list of the best apps for each kind of financial goal you may possibly have. Best apps for expense tracking

Some of you out there love tracking expenses. Others find it a huge chore, and unnecessarily time consuming.

However, tracking expenses is one of the most effective ways to save money and reach your financial goals.

It makes you more aware of where you are spending. It helps you cut down on unnecessary expenses. And best of all, it helps you plan your expenses to make the most efficient use of your money.

Thanks to technology, there are so many apps out there that can make the process easy, quick, and rewarding.

Here are some of our favourites. Money Lover Available for IOS and Android

All in one application for financial planning

Simple and easy to use

Not the most complex of apps out there

May lack detail for some people

You are on the hunt for an app that is easy to use and can suit your every budgeting need. YNAB Available for IOS and Android

Provides Detailed Reports

Cost of $14.99 / month after free trial

Can be confusing to a beginner

You have been tracking your expenses for a while and want to up your budgeting game. Notes & Excel Available for IOS and Android Free Simple and Highly Customisable Requires setting up Not the most visually appealing You want a no frills customizable budgeting application and do not mind doing some of your own leg work. 1. Money Lover PHOTO: Screengrab/MoneyLover If you love your money, then this app might be perfect for you.MoneyLover hosts a wide variety of features including credit card and bank account syncs across multiple devices. It can even sort your expenditures based on pictures of your receipts.Touted as one of the most simple and pain-free expense tracking applications out there, this is a great all-rounder for any type of budgeter.One potential con of this app is its simplicity. It does not have any ultra-high-tech features or insane details.For those who want extremely detailed breakdowns and reports, perhaps our next pick might just be the one for you. 2. YNAB YNAB or You Need a Budget has been a fan-favourite in recent years. According to YNAB , the average new user saves $600 in the first two months and more than $6,000 in the first year.Designed to get you out of debt, this is a great app for any series budgeters out there. One of its key features is detailed expense tracking, with each dollar given a ‘job’ as they are sorted into digital envelopes.However, one big hurdle that comes with the app is its relatively high cost, which is slightly ironic considering it’s a budgeting application.Furthermore, the many widgets may confuse those of you who are new to budgeting, making the application not very beginner friendly. 3. Notes & Excel We promise this is not a joke.Excel is an old-school classic. It is free, completely customizable, and boasts thousands of functions so that you can manage your personal as well as corporate finances. Needless to say, there is a reason why this application has stood the test of time.If Excel appeals to you, but the idea of creating your own spreadsheet by manually coding commands immediately cues a migraine, don’t fret.Nowadays there are many high-tech templates available for you to follow. Simply create a copy and customise it according to your preferences.However, Excel is far easier to use on a desktop. So pair Excel up with a free note-taking app like Google Keep or even your plain and simple Notes app to record your expenses while on the go.Then, once you have the time, you can consolidate everything on your fully customised Excel spreadsheet. Best apps for trading and investing Investing is risky, but it is also a great way to diversify your income stream and grow your funds.Whether you’re a serious investor or a newbie just exposed to the world of trading, there are applications with features […]

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